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tanks -- bangs on the firing line. today was credit suisse's turn to answer. showedt 200 pages worth tax evasion. is match as $10 million was hidden assets. the vast majority of accounts were shielded from the irs. >> that brought the ceo and other top executives at swiss holes of the congress. books are investigation chronicles the uneven and halting progress made in identifying u.s. taxpayers who cheated uncle sam by using offshore accounts. a bipartisan report that we're releasing today sites chapter and verse the failure to collect taxes owed and hold accountable the u.s. persons who evaded their tax obligations and the tax havens who helped them. we learned of one swiss anchor who met with the u.s. client over breakfast that he was luxury hotel and slept the client bank account statements in between the pages of a sports illustrated magazine. instanceslarming belong in a spy novel, not at one of the world's top tanks. betweensay your call two countries laws, but when you come to this country, you send bankers into the united states, set up an office in the united states, help u.s. c
is pushing to revamp the tax code. his plan would eliminate dozens of rates. >> i am not going to accept 2% growth as the new normal. i'm not going to accept a minimum wage economy and the fact we are not creating jobs. kids are living at home because they cannot get out on their own. we need to grow this economy and create jobs. one way is through progress tax reform. heat has taken a lot of for this proposal. the banks are fighting against the plan new tax on banks which is intended to offer it -- offset lower rates for individuals. >> i think it affects about six banks. look. they are going from a 35% rate to a 25% rate. in the financial sector, there are not a lot of provisions, loopholes to close because there are not many. they are getting a two minutes tax break. i think it is important there be a trade-off. >> new taxes are going to make it tough for camp to gain support from fellow republicans. the plan is nowhere near firstng law, but is the major reconstruction attempt since 1986. let's move on to the executive branch. president thursday launching a new initiative to provide gre
.9 trillion increased spending plan for employment, education and job training programs. her tax breaks for about teen .5 million americans. how is he going to pay for it? taxes for families. he laid out his plans at a washington dc elementary school. >> i laid out an agenda to restore opportunities for all people. that nod the principle matter who you are, no matter where you started, you can make it if you try here in america. this opportunity agenda is built on four parts -- more good jobs and good wages from a making sure we are training workers with the skills they need to get those jobs, guaranteeing every child access to a world-class education, and making sure our economy is one in which hard work is rewarded. the budget i sent congress this morning lays out how we will implement this agenda in a balanced and responsible way. this budget adheres to the spending levels of both houses of congress, but also builds on that progress with what we are calling an opportunity, growth, and security initiative that invests in our economic ortiz in a way that's fully paid for by making smar
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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